Alphabet (NASDAQ: GOOG) will be reporting their first quarter financial results on April 27th after market close. Analysts have a consensus $2,415 12-month price target on the company, via a total of 44 analysts, with 16 analysts having strong buy ratings. 26 analysts meanwhile have buy ratings and two analysts have hold ratings. The street high comes from Susquehanna Financial with a $3,000 price target, and the lowest target sits at $1,420.
29 analysts have revenue estimates for the first quarter. The mean revenue estimate between all 29 analysts is $51.55 billion; this number has been revised upwards from $48.7 billion at the start of the year. The highest revenue estimate is $55.45 billion, while the lowest is $48.5 billion.
Onto EBITDA estimates, there are currently 24 analysts who have first-quarter EBITDA estimates. The mean is currently $19.1 billion, with this number having been revised upwards from $17.35 billion at the start of the year. Street high is a $22.3 billion EBITDA estimate and the lowest is $16.56 billion.
Analysts estimate that quarterly earnings per share will come in at $15.80, with this number being slightly revised up from $13.79 at the start of the year. The street high estimate is $19.44 and the lowest estimate is $11.47 per share for the quarter.
Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.